29740 Rancho California RdTemecula, CA 92591

  • Retail properties
  • 6,808 SF
For Lease
$36/SF/YR View listing

Property Details for 29740 Rancho California Rd

Year built
1998
Construction
WOOD
Lot size
0.84 AC
Property size (Sq ft)
6,808 SF
Zone code
CC
Property type
Retail properties
Property subtype
Retail space
APN
921-760-009
APU
921760009

Description

This exceptional free-standing commercial building, located at 29740 Rancho California Rd in Temecula, CA 92591, presents a fantastic opportunity for businesses seeking prime office space. The property boasts a total of 8,800 square feet, situated on a sizable 0.84-acre lot. Currently, there is 1,550 square feet of readily available space, perfect for expansion or a new tenant. Built in 2000, this single-story building offers a modern and efficient layout, ideal for executive offices or a variety of commercial uses. The property is designated as APN 921-760-009 within Riverside County. The building's multiple tenancy structure provides flexibility for various business needs. Its convenient location in Temecula offers easy access to major transportation routes and a thriving business community. This is a rare opportunity to secure a well-maintained, spacious office building in a desirable location. The available space is ready for immediate occupancy, allowing businesses to quickly establish their presence. Don't miss this chance to secure your ideal workspace in this thriving Southern California market. Contact us today to schedule a viewing and explore the possibilities.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,750,537
    6.5%
    $2,538,958
    7%
    $2,357,603
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,009,576
    Geo Method
    $6,038,454
  • Alternative Use

    Use
    Valuation
    Residential
    $2,141,706
    Hospitality
    $1,961,791
    Educational
    $1,632,187
    Medical
    $1,688,320
    Retail
    $2,538,958
29740 Rancho California Rd, Temecula, California

Location Insight

City
Temecula
County
Riverside
State
California
Latitude
33.5066
Longitude
-117.144
CBSA code
40140
CBSA name
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$48,859
$1,266,840
$3,060,000
$4,326,840
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FAQs

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